Evercore ISI Group Maintains Outperform on NiSource, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra maintains an Outperform rating on NiSource (NYSE:NI) and raises the price target from $30 to $32.
May 09, 2024 | 4:35 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Evercore ISI Group raises NiSource's price target from $30 to $32 while maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like Evercore ISI Group, along with the maintenance of an Outperform rating, suggests a positive outlook for NiSource. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100